Hannah wants to have $ 4500 to help pay for a new deck in 7 years. If she wants to put her money into an account earning 6.25% interest compounded continuously, how much should she invest now, so that she will have $ 4500 in 7 years? Payment amount =
Hannah wants to have $ 4500 to help pay for a new deck in 7 years. If she wants to put her money into an account earning 6.25% interest compounded continuously, how much should she invest now, so that she will have $ 4500 in 7 years? Payment amount =
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 67SE: Alyssa opened a retirement account with 7.25 APRin the year 2000. Her initial deposit was 13,500....
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Hannah wants to have $ 4500 to help pay for a new deck in 7 years. If she wants to put her money into an account earning 6.25% interest compounded continuously, how much should she invest now, so that she will have $ 4500 in 7 years?
Payment amount =
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